Thursday, November 16th, 2017

Whats a good website for mock stock trading?

Leg need a website? Scam based on real sources in the stock market, but with artificial money. I tried to search him? Line, but I like? To know if anyone here? have any suggestions.

Comments

6 Responses to “Whats a good website for mock stock trading?”
  1. Wendell says:

    My brokerage firm (Scottrade) has a great one, but you need to have a real account in order to have the mock one on the side.

  2. jeff410 says:

    investopedia.com

  3. datonphillips says:

    There are two main ones that I use. One of them you can even enter contests and win real money. Here they are:

    http://www.updown.com

    http://www.kaching.com

    Both websites are mock stock trading/investing sites. You get $1 million in play money and get to buy stocks and ETFs and even some mutal funds. The cool thing is that the mock exchanges mirror the real market, but sometimes prices are delayed. It’s a great way to test out a strategy or system that you have created (or bought) before you put any real money at risk.

  4. nixta78 says:

    HowTheMarketWorks.com
    They have a good one for beginners. It even includes free real-time stock quotes, but it uses fake money, just like you wanted.

  5. Max M says:

    If you’re a rookie in investing or stocks, go to

    http://www.finance.yahoo.com.

    Open up a portfolio without using real money. You can give yourself as much or as little money to try out the market. The stocks you want to focus on is consumer staples, consumer discretionary, and healthcare. These are DEFENSIVE stocks that will survive through good and bad times. Most of my positions are in these stocks. Some names include 3M, Procter & Gamble, Kimberly Clark, Exxon Mobil, Walmart, Costco. Everybody’s got to eat and wipe their butts regardless of the state of economy. Many of these companies survived through the Great Depression.

    That’s the benefits. You can sleep at night knowing your money is doing well. There are NO guarantees that you won’t lose money. It’s just that these stocks are the best. They pay good dividends too.

    Then once you’re comfortable and test the waters of the market, you can finally put some real money in. Go to Scottrade.com. They’re excellent for beginners.

    If you’re new to stocks, DON’T DAY TRADE. You’ll a rookie in a world of professionals. I tried day-trading with Citigroup and AIG when they were a little bit over $1. I had some luck at first, making about $30 a day but I was way over my head. My luck didn’t last long and I had to rethink my strategy.

    Day trading involves A LOT of commissions to the broker. With all the commissions deducted from each trade, you’ll be lucky if you only lose half your money.

    I would just day trade using Yahoo! Finance. Open a stimulation account, give yourself $100 worth of fake money and play it in the stimulation format. You’ll see what I mean by losing money every easily.

    Good luck.

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